NEW YORK--(EON: Enhanced Online News)--Apollo Global Management, LLC (together with its subsidiaries, "Apollo"
or the "Company") today announced that former Senator Evan Bayh (D-Ind.)
has joined the Company as a senior advisor with specific responsibility
for policy issues.

Mr. Bayh most recently served as Indiana’s junior Senator, where he
chaired the Banking, Housing and Urban Affairs’ Subcommittee on Security
and International Trade and Finance. Senator Bayh also served on the
Armed Services Committee, the Energy and Natural Resources Committee,
the Select Committee on Intelligence, the Small Business Committee and
the Special Committee on Aging. Mr. Bayh, who was elected to the U.S.
Senate in 1998, announced last year that he would not seek a third term.

Prior to his tenure in the Senate, Mr. Bayh served two terms as the
Governor of Indiana. He graduated with honors in business economics and
public policy from the Indiana University Kelley School of Business and
received his Juris Doctor degree from the University of Virginia School
of Law.

About Apollo Global Management

Apollo is a leading global alternative asset manager with offices in New
York, Los Angeles, London, Frankfurt, Luxembourg, Singapore, Mumbai and
Hong Kong. Apollo had assets under management of $57.8 billion as of
September 30, 2010, in private equity, credit-oriented capital markets
and real estate funds invested across a core group of nine industries
where Apollo has considerable knowledge and resources. For more
information about Apollo, please visit www.agm.com.

Forward-Looking Statements

This press release may contain statements that are forward looking, as
that term is defined by the Private Securities Litigation Reform Act of
1995 or by the Securities and Exchange Commission in its rules,
regulations and releases. These statements include, but are not limited
to, discussions related to Apollo’s expectations regarding the
performance of its business, its liquidity and capital resources and the
other non-historical statements in the discussion and analysis. These
forward-looking statements are based on management’s beliefs, as well as
assumptions made by, and information currently available to, management.
When used in this release, the words “believe,” “anticipate,”
“estimate,” “expect,” “intend” and similar expressions are intended to
identify forward-looking statements. Although management believes that
the expectations reflected in these forward-looking statements are
reasonable, it can give no assurance that these expectations will prove
to have been correct. These statements are subject to certain risks,
uncertainties and assumptions, including risks relating to our
dependence on certain key personnel, our ability to raise new Private
Equity or Capital Markets funds, market conditions, generally, our
ability to manage our rapid growth, fund performance, changes in our
regulatory environment and tax status, the variability of our revenue,
net income and cash flow, our use of leverage to finance our businesses
and investments by our funds and litigation risks, among others.